January, 2011

A Sign of Sanity — Judge Rules ObamaCare Unconstitutional

The full text of the decision from Federal Judge Roger Vinson is not available yet, but according to reporters who’ve seen the decision, he’s ruled the entire Patient Protection and Affordable Care Act unconstitutional. The ruling favors of the 26 state attorney generals challenging the law. The judge ruled the individual mandate that requires all Americans to purchase health insurance [...]

Bernanke: Nothing to See Here; Move Along

From Zerohedge: $100.01 Submitted by Tyler Durden The March Brent Crude contract has just surpassed $100 for the first time since October 2008. Surely nobody is worried about monetary policy and Middle East contagion. After all, this is just throwing darts at the next disinflationary target. And just to demonstrate how successful Genocide Ben has been at whatever his agenda is, [...]

US Best Outcome?

John Mauldin, in his latest Outside the Box newsletter, presents Gary Shilling’s investment strategies for 2011. Mr Shilling’s picks are based on this expectation: In our view, the overarching reality that will dominate 2011 and, indeed, the next decade or so is financial deleveraging, as spelled out in our new book, The Age of Deleveraging: Investment strategies for a decade of slow [...]

Coming to A Neighborhood Near You?

The horrors of a government in the process of being toppled are captured in this video from Egypt: Egypt is not a country noted for freedom. Nor was the Soviet Union or its various satellites. Eventually peoples overthrow what is considered oppressive government in an attempt to obtain freedom. This song by the Rascals (h/t Daily Bail) captures this natural [...]

Mauldin on Possible Economic Collapse

Our political system is not geared to cutting spending. Politicians want to play Santa Claus and have for about 100 years. The veterans know no other game than increasing spending as a means to buy votes to get re-elected. That calculus is shattered. We are out of money. Now these politicians must play Grinch, a role they do not know [...]

Jim Grant Calls Out Fed

Jim Grant: “The Fed Is Now In The Business Of Manipulating The Stock Market…Should Confess It Has Sinned Grievously” Submitted by Tyler Durden Jim Grant, who will never be accused of being a fan of the Criminal Reserve, and whose views on what will happen to asset prices in a printer-happy world are gradually being validated, appeared on Bloomberg TV, telling [...]

M2 Money Supply Beginning to Increase

For monetarists, increases in the money supply are generally believed to result in higher prices (inflation). Looking at the rate of increase from the late 1990s until today, there does not appear to be a major change.  The fear is that there is so much available in excess reserves in the banking system that once banks begin lending, M2 could [...]

The Irresponsibility of Ben Bernanke and How He Will Destroy the Dollar

The games played by government to keep the economy afloat are dangerous and futile. Prior policies, not dissimilar to current ones, brought the economy to where it is — ruined! More of the same only exacerbate matters. They will not avoid the catastrophe, merely delay and worsen it. Federal Reserve Chairman Ben Bernanke’s Quantitative Easing approach is immoral, failed Keynesianism [...]

Martenson Weekly Summary

Weekly Newsletter for Registered Members Below is the content published on ChrisMartenson.com within the last seven days.  Included are Chris Martenson’s blog posts, the Daily Digest, What Should I Do?, Martenson Reports, and upcoming events. Full versions of Martenson Reports are only available to enrolled members.  If you are not yet an enrolled member on ChrisMartenson.com, click here to join [...]

Henry Hazlitt, An Under-Appreciated Hero

For those of you who don’t know who Henry Hazlitt was and even for those who believe you do know, Lew Rockwell has an article contrasting him with John Maynard Keynes. Hazlitt is an underknown giant of freedom. He was a wonderful writer and economist. As Mr. Rockwell concludes: Hazlitt made his choice and left us with great words of [...]

Inflation is Real and Underreported

For those who want to learn why many of us believe that inflation numbers are understated (deliberately), Chris Martenson has a report that should be of interest. Here is his intro: Inflation is actually much higher than what the BLS claims it is; something that purchasers of college tuition, pharmaceuticals, or health insurance know all too well. To give the [...]